Win / GreatAwakening
GreatAwakening
Sign In
DEFAULT COMMUNITIES All General AskWin Funny Technology Animals Sports Gaming DIY Health Positive Privacy
Reason: None provided.

By and large, people do not understand what Capitalism is.

They tend to think that it means:

a widely adopted economic system in which there is private ownership of the means of production

"Private ownership" is used as opposed to "State ownership." That is the contrast that matters within the common discourse. This creates two boxes, and no one is allowed to think outside of those boxes.

In the common propaganda on "the Right," it tends to mean:

A free market economy.

This is a conflation of Free Market and Capitalism, which only works if thought is restricted to the two allowed boxes of "private" v. "State" ownership.

What it originally meant is:

From 1640s as "the wealth employed in carrying on a particular business," then, in a broader sense in political economy, "that part of the produce of industry which is available for further production" (1793)

Capitalism originally means "to use capital to create more capital." Capitalism, by definition, is about growth. It's all about growth. Constant growth, utilizing capital that already is held by control freaks (which was how capitalism began) leads inevitably to a monopoly. It can be no other way, which is why that is how it is today, albeit hidden from public knowledge.

A free market is not Capitalism. That is the most important thing to understand. They are completely separate things. You can have capitalism in a free market. You can apply any economic design model to any business you want in a free market. The market will decide your success or failure. As long as the information channels remain open, any fuckery will mean doom in a free market.

The key to a free market being free then, is in people being willing to take responsibility for it. In educating themselves. In understanding what propaganda is, and how it drives false beliefs. In understanding that a market cannot remain free if it is regulated, and that the power remains in the votes of the buyers, not in any other system. Responsible self education, an inherent lack of trust, and no regulation or taxation are essential to a market being and remaining free.

Capitalism as applied to an entire economy will always fail. It is like a parasite that must eat it's host. It can't be sustained by design. Indeed, merely "sustaining" itself is completely outside of it's design parameters. Only in a free market can the world protect itself from those who gain substantial capital and employ capitalism (constant growth) as their primary economic model.

38 days ago
2 score
Reason: None provided.

By and large, people do not understand what Capitalism is.

They tend to think that it means:

a widely adopted economic system in which there is private ownership of the means of production

"Private ownership" is used as opposed to "State ownership." That is the contrast that matters within the common discourse. This creates two boxes, and no one is allowed to think outside of those boxes.

In the common propaganda on "the Right," it tends to mean:

A free market economy.

This is a conflation of Free Market and Capitalism, which only works if thought is restricted to the two allowed boxes of "private" v. "State" ownership.

What it originally meant is:

From 1640s as "the wealth employed in carrying on a particular business," then, in a broader sense in political economy, "that part of the produce of industry which is available for further production" (1793)

Capitalism originally means "to use capital to create more capital." Capitalism, by definition, is about growth. It's all about growth. Constant growth, utilizing capital that already is held by control freaks (which was how capitalism began) leads inevitably to a monopoly. It can be no other way, which is why that is how it is today, albeit hidden from public knowledge.

A free market is not Capitalism. That is the most important thing to understand. They are completely separate things. You can have capitalism in a free market. You can apply any economic design model to any business you want in a free market. The market will decide your success or failure. As long as the information channels remain open, any fuckery will mean doom in a free market.

The key to a free market being free then, is in people being willing to take responsibility for it. In educating themselves. In understanding what propaganda is, and how it drives false beliefs. In understanding that a market cannot remain free if it is regulated, and that the power remains in the votes of the buyers, not in any other system. Responsible self education, an inherent lack of trust, and no regulation or taxation are essential to a market being and remaining free.

Capitalism as applied to an entire economy will always fail. It is like a parasite that must eat it's host. It can't be sustained by design. Indeed, merely "sustaining" itself is completely outside of it's design parameters. Only in a free market can the world protect itself from those who gain substantial capital and employ capitalism (constant growth) as their primary economic model.

38 days ago
1 score
Reason: Original

By and large, people do not understand what Capitalism is.

They tend to think that it means:

a widely adopted economic system in which there is private ownership of the means of production

"Private ownership" is used as opposed to "State ownership." That is the contrast that matters within the common discourse. This creates two boxes, and no one is allowed to think outside of those boxes.

In the common propaganda on "the Right," it tends to mean:

A free market economy.

This is a conflation of Free Market and Capitalism, which only works if thought is restricted to the two allowed boxes of "private" v. "State" ownership.

What it originally meant is:

From 1640s as "the wealth employed in carrying on a particular business," then, in a broader sense in political economy, "that part of the produce of industry which is available for further production" (1793)

Capitalism originally means "to use capital to create more capital." Capitalism, by definition, is about growth. It's all about growth. Constant growth, utilizing capital that already is held by control freaks (which was how capitalism began) leads inevitably to a monopoly. It can be no other way, which is why that is how it is today, albeit hidden from public knowledge.

A free market is not Capitalism. That is the most important thing to understand. They are completely separate things. You can have capitalism in a free market. You can apply any economic design model to any business you want in a free market. The market will decide your success or failure. As long as the information channels remain open, any fuckery will mean doom in a free market.

The key to a free market being free then, is in people being willing to take responsibility for it. In educating yourself. In understanding what propaganda is, and how it drives false beliefs. Responsible self education and an inherent lack of trust are essential to a market being and remaining free.

Capitalism as applied to an entire economy will always fail. It is like a parasite that must eat it's host. It can't be sustained by design. Indeed, merely "sustaining" itself is completely outside of it's design parameters. Only in a free market can the world protect itself from those who gain substantial capital and employ capitalism (constant growth) as their primary economic model.

38 days ago
1 score